U.S. GoldMining Inc. (USGO) Income Statement
USGO FY2025 at a glance
Fiscal year ended November 30, 2025 · U.S. dollarsUSGO revenue and net income
USGO growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | — | — | — | — |
| Gross profit | — | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
USGO quarterly EPS vs estimates
U.S. GoldMining beat the analyst EPS estimate in 0 of the last 3 quarters. Next report: November 12, 2026.
USGO income statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 |
| Cost of revenue | $145,125 | $125,593 | $52,010 | $19,255 | $17,616 | $108,597 |
| Gross profit | −$145,125 | −$125,593 | −$52,010 | −$19,255 | −$17,616 | −$108,597 |
| Sales, general & admin | $3.9M | $2.9M | $5.3M | $1.7M | $679,695 | $486,413 |
| Total operating expenses | $7.0M | $8.8M | $9.7M | $1.7M | $697,311 | $595,010 |
| Operating income | −$7.1M | −$8.9M | −$9.8M | −$1.7M | −$697,311 | −$595,010 |
| Interest income | $146,103 | $401,591 | $426,919 | $0 | — | — |
| Income before taxes | −$7.0M | −$8.5M | −$9.4M | −$1.7M | −$697,311 | −$595,010 |
| Income taxes | $4,079 | $4,967 | $4,937 | $3,270 | −$1 | −$97,700 |
| Net income | −$7.0M | −$8.5M | −$9.4M | −$1.7M | −$697,311 | −$595,010 |
| EBITDA | −$6.8M | −$8.3M | −$9.7M | −$1.7M | −$679,695 | −$486,413 |
| EPS (diluted) | −$1.09 | −$0.68 | −$0.69 | −$0.14 | −$0.07 | −$0.06 |
| Aug '26 | May '26 | Feb '26 | Nov '25 | Aug '25 | May '25 | Feb '25 | Nov '24 | Aug '24 | May '24 | Feb '24 | Nov '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $189,304 | $0 | $0 | $0 | $0 | $0 |
| Cost of revenue | — | $52,476 | $41,709 | −$111,379 | $35,435 | $35,436 | $35,434 | $35,436 | $35,436 | $29,752 | $24,969 | $30,874 |
| Gross profit | — | −$52,476 | −$41,709 | $111,379 | −$35,435 | −$35,436 | −$35,434 | −$35,436 | −$35,436 | −$29,752 | −$24,969 | −$30,874 |
| Research & development | — | $1.2M | $1.2M | — | — | — | — | — | — | — | — | — |
| Sales, general & admin | $1.5M | $2.5M | $2.8M | $7.0M | $699,855 | $666,367 | $1.1M | $1.2M | $477,869 | $1.6M | $1.1M | $609,366 |
| Total operating expenses | $1.5M | $4.2M | $1.9M | $5.6M | $2.8M | $891,448 | $1.3M | $1.7M | $4.4M | $1.6M | $1.1M | $3.9M |
| Operating income | — | −$4.2M | −$5.3M | $5.1M | −$2.8M | −$926,884 | −$1.3M | −$1.7M | −$4.4M | −$1.6M | −$1.1M | −$3.9M |
| Interest income | — | $29,444 | $55,910 | $61,900 | $22,499 | $29,801 | $31,903 | $45,616 | $86,022 | $125,604 | $144,349 | $163,715 |
| Income before taxes | −$14.2M | −$4.2M | −$1.9M | $5.2M | −$2.8M | −$904,959 | −$1.3M | −$1.7M | −$4.3M | −$1.5M | −$962,449 | −$3.9M |
| Income taxes | −$35,000 | $7.1M | $714 | $235,635 | −$107,000 | $61 | $3,304 | — | $1,247 | $2,921 | −$144,306 | −$158,778 |
| Net income | −$14.1M | −$4.2M | −$1.9M | $5.0M | −$2.8M | −$905,020 | −$1.3M | −$1.7M | −$4.3M | −$1.5M | −$962,449 | −$3.7M |
| EBITDA | — | −$4.2M | −$5.5M | $5.5M | −$2.8M | −$869,523 | −$1.3M | — | −$4.3M | −$1.6M | −$933,092 | −$3.9M |
| EPS (diluted) | — | −$0.36 | −$0.14 | −$0.15 | −$0.22 | −$0.07 | −$0.10 | — | −$0.35 | −$0.12 | −$0.08 | −$0.30 |
| Gross margin | — | — | — | — | — | — | −18.7% | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — | −696.9% | — | — | — | — | — |
| Net margin | — | — | — | — | — | — | −682.5% | — | — | — | — | — |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in USGO's financial statements (latest annual report filed March 20, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
USGO financial results
U.S. GoldMining reported no revenue in fiscal year 2025 (ended November 30, 2025). It had a net loss of $7.0 million. Diluted earnings per share came to −$1.09.
See the USGO stock overview for the latest quote and news, or the USGO chart for price history and technical indicators.
USGO income statement FAQ
Does U.S. GoldMining have revenue?
U.S. GoldMining reported no revenue for fiscal year 2025, which ended on November 30, 2025.
Is U.S. GoldMining profitable?
No. U.S. GoldMining reported a net loss of $7.0 million in fiscal 2025.
What are U.S. GoldMining's earnings per share?
U.S. GoldMining earned $-1.09 per diluted share in fiscal 2025, compared with $-0.68 a year earlier.
When will U.S. GoldMining report its next earnings?
U.S. GoldMining is expected to report results for the quarter ending August 31, 2026 on November 12, 2026.
When does U.S. GoldMining's fiscal year end?
U.S. GoldMining's fiscal year ends in November. The latest annual report covers the year ended November 30, 2025 and was filed on March 20, 2026.